Texas HB2553 amends tax code to redefine "eligible school district" and requires annual reports on appraisal district reviews.

Texas HB2553 modifies the definition of "eligible school district" under the Government Code, specifying criteria for local property value assessments. It also adds a new subsection to the Tax Code, mandating the comptroller to prepare an annual report summarizing reviews of appraisal districts. The report must detail the number of districts reviewed, recommendations made, and other relevant information. The changes apply to studies conducted from January 1, 2026, onward.

Texas HB2553 amends tax code to redefine "eligible school district" and requires annual reports on appraisal district reviews.

Texas HB2553 modifies the definition of "eligible school district" under the Government Code, specifying criteria for local property value assessments. It also adds a new subsection to the Tax Code, mandating the comptroller to prepare an annual report summarizing reviews of appraisal districts. The report must detail the number of districts reviewed, recommendations made, and other relevant information. The changes apply to studies conducted from January 1, 2026, onward.